FOR IMMEDIATE
RELEASE
PALO ALTO, November 2,
2006 – Vital Wave
Consulting, analysts of
developing-country
markets, and Reuter’s
Digital Vision Program
at Stanford University
announced today a
collaborative initiative
to analyze the market
potential of
technology-oriented
development projects for
emerging markets.
The Digital Vision
Program, supported by
the Reuters Foundation,
Motorola, SAP and
Stanford’s Center for
the Study of Language
and Information,
provides guidance to
social entrepreneurs who
are developing a diverse
set of technology-based
solutions for
commercialization in
developing-country
markets. The business
concepts range from the
establishment of
Internet cafés in
Nigerian universities to
the creation of a
telemedicine system for
detecting outbreaks of
diseases in India.
Under the collaboration
agreement, Vital Wave
analysts will help
Digital Vision
entrepreneurs develop
business cases backed by
quantitative market
data. In return, Vital
Wave Consulting further
broadens its insights
and information about
current technology
trends in emerging
markets.
Stuart Gannes, Director
of the Digital Vision
Program, points out that
the Fellows’ business
models require accurate
and tested market data
in order to be
successful. The
partnership is an
excellent example of how
the Fellows draw on
Silicon Valley expertise
to build their
enterprises. Gannes
said, “Many of our
Fellows are social
entrepreneurs who live
and work in the
countries where their
business ideas are
developed. This
partnership enables our
Fellows to quantify and
qualify the market
opportunity with the
same tools and business
rigor that Vital Wave
Consulting provides to
some of the world’s most
successful ICT
companies.”
“The Digital Vision
Fellows aim to build
sustainable
technology-based
businesses in developing
countries,” says Brooke
Partridge, Vital Wave
Consulting’s founder and
CEO, “To do this, they
will need business cases
backed by credible
forecasts and market
intelligence.” Partridge
sees a natural link
between the two
organizations, adding,
“We’re excited to work
with Digital Vision
Fellows, who are on the
front lines of
technology solutions for
developing countries.”
Karen Coppock, Director
of Industry
Collaborations for the
Reuter’s program
believes Vital Wave
Consulting and the
Digital Vision Program
have an excellent
opportunity to maximize
impact by combining
innovative concepts for
sustainable development
with traditional
business development
principles.
About Vital Wave
Consulting
Vital Wave Consulting is
a specialized management
consultancy that
analyzes the needs and
opportunities for
technology in
developing-country
markets. The company
provides forecasting,
market intelligence and
business planning
services to
organizations focused on
generating revenues in
these geographies.
Clients include
multinational
corporations in the
information technology
and telecommunications
industries.
About the Digital Vision
Program at Stanford
University
The Digital Vision
Program at Stanford
University provides
social entrepreneurs
with a creative
environment and platform
to design and implement
innovative and scalable
technology-based
solutions for untapped
markets around the
world. DV entrepreneurs
spend nine months in
residence at Stanford to
developing information
technology-based
solutions in the areas
of health, education,
and financial services
for emerging markets.
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